Oil & Gas

Experts laud FEC approval of NNPC’s acquisition of 20% stake in Dangote Refinery

Some economists and oil and gas expert have backed the Federal Executive Council’s  (FEC) approval of  the acquisition of 20…

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Kyari Assures AKK Gas Pipeline Project ‘ll Be Delivered on Schedule, Create Prosperity

The Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Mallam Mele Kyari, has assured that the ongoing 614kilometres…

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NNPC Records Petroleum Product Sale of ₦234.63bn in March The Nigerian National Petroleum Corporation

(NNPC) has announced that its downstream subsidiary, the Petroleum Products Marketing Company (PPMC), recorded ₦234.63 billion revenue from the sale…

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Oil Bulls Remain Confident Despite COVID Concerns

Oil prices climbed this week as U.S. inventories tightened and the risk of Iran reaching a new deal and bringing…

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Refineries suffer 13-month loss of N104.3bn, refine zero oil

A total loss of N104.3bn was recorded by Nigeria’s refineries in 13 months, even as the facilities refined no crude…

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PIB: Dangote Refinery, Others to Buy Crude in Naira

Holders of refining licences in the country can pay for domestic crude oil supply in naira, according to the Petroleum…

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OPEC+ meeting called off amid Saudi-UAE standoff

The Organization of the Petroleum Exporting Countries and Allies (OPEC+) was expected to meet  yesterday  to conclude its decision as…

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